How much funding has MIMETE raised?

MIMETE has raised $21.2M in total funding. Key investors include CDP Venture Capital; PUNCH Torino; FOMAS Group.

Who is the CEO of MIMETE?

Giancarlo Scianatico is the CEO of MIMETE. The company was founded in 2017.

Where is MIMETE located?

MIMETE is headquartered in Biassono, Italy.

What funding stage is MIMETE at?

MIMETE is currently at the Active stage.

How many employees does MIMETE have?

MIMETE has approximately 51-200 employees.

MIMETE

Name: AM Companies Database
Creator: AMPulse
License: https://creativecommons.org/licenses/by/4.0/

MaterialsBiassono, ItalyFounded 2017· One of 955 Materials companies tracked by AMPulse

Produces premium gas-atomized spherical metal powders (iron, nickel, cobalt-based) for additive manufacturing and thermal spray applications, utilizing proprietary VIGA technology to achieve 99%+ density and sphericity.

CEO / Founder: Giancarlo Scianatico
Team Size: 51-200
Stage: Active
Total Funding: $21.2M
Latest Round: Strategic Investment
Key Investors: CDP Venture Capital; PUNCH Torino; FOMAS Group

Technology & Products

Key Products

Produces high-quality spherical metal powders, including iron, nickel, and cobalt-based alloys, for additive manufacturing and thermal spray applications. Utilizes proprietary VIGA technology for superior sphericity and purity. Also develops custom alloys and has collaborated on projects like a 3D printed pump impeller.

Technological Advantage

Proprietary vacuum inert gas atomization (VIGA) process achieves consistent material properties and minimized defect rates. In-house characterization and accreditation enable rapid customization for customer-specific powder grades. Leverages FOMAS Group's decades of forging metallurgy experience.

Differentiation

Value Proposition

Delivers ultra-high-purity, consistent spherical metal powders (ISO/IEC 17025 certified) with tailored particle size distribution, reducing defect rates in AM components while enabling on-demand powder customization.

How They Differentiate

VIGA facility ensures superior sphericity and purity vs. conventional atomization; ISO/IEC 17025 accreditation; European production base enabling shorter lead times for aerospace/medical segments; deep customization capability through in-house R&D.

Market & Competition

Target Customers

Aerospace OEMs, biomedical device manufacturers, power generation companies, motorsports/racing teams

Industry Verticals

Aerospace & Defense; Biomedical/Medical Device; Power Generation; Motorsports/Racing; Oil & Gas; Maritime

Competitors

Hoganas AB, Sandvik AB, Carpenter Technology Corporation, Rio Tinto Metal Powder

Growth & Milestones

Growth Metrics

location: Biassono, Monza and Brianza, Italy. parent_company: FOMAS Group. major_milestone: MadeInAdd joint venture (Sept 2022) with CDP Venture Capital & PUNCH Torino - €19.4M total. core_facility: VIGA (vacuum inert gas atomization) metal powder production. accreditation: ACCREDIA-accredited testing laboratory. target_markets: Biomedical, aerospace, power generation, motorsports

Major Milestones

2017: MIMETE founded by FOMAS Group to enter 3D printing market; 2017: VIGA facility commissioned in Biassono; 2021: Released F51 and F53 duplex/super-duplex iron powders for oil & gas/maritime AM applications; 2024: Entered MadeInAdd strategic partnership (CDP Venture Capital Sgr co-investor)

Notable Customers

Nordic Additive Manufacturing (NAM)

https://www.fomasgroup.com/en/global-presence/mimete

Why this company matters

MIMETE S.r.l. positions itself as a European benchmark for high-performance gas-atomized metal powders, targeting demanding applications in aerospace, biomedical, power generation, and motorsports. Founded in 2017 by the FOMAS Group, the company fills a gap for ultra-high-purity, consistent spherical powders that reduce defect rates in metal AM components, differentiating from conventional atomization through its proprietary vacuum inert gas atomization (VIGA) process.

The company's core technology is its VIGA facility in Biassono, Italy, which produces iron, nickel, and cobalt-based alloys with 99%+ density and sphericity. MIMETE offers tailored particle size distributions and custom alloy development, supported by an in-house ACCREDIA-accredited testing laboratory. This enables rapid customization for customer-specific powder grades, a capability reinforced by the FOMAS Group's 60+ years of metallurgical expertise.

MIMETE serves aerospace OEMs, biomedical device manufacturers, and energy sector clients, with notable customer Nordic Additive Manufacturing (NAM). The company's powders are used in binder jetting, electron beam melting, and laser powder bed fusion processes. A key milestone was the 2021 release of F51 and F53 duplex/super-duplex iron powders for oil and gas and maritime AM applications.

The company's strategic moat includes its European production base, which offers shorter lead times for regulated industries, and its ISO/IEC 17025 accreditation for quality control. A potential risk is competition from established powder producers like Hoganas AB, Sandvik AB, and Carpenter Technology. MIMETE's 2024 entry into the MadeInAdd joint venture with CDP Venture Capital and PUNCH Torino, backed by €19.4M, signals an intent to scale AM-specific powder innovation.